Kosdaq Circuit Breaker Activated After Index Plunges Over 8%

South Korean exchange halted Kosdaq trading for 20 minutes after an 8% drop, following KOSPI decline amid global macro headwinds and export concerns.

Woofun AI reports that the Korea Exchange activated a first-stage circuit breaker on the Kosdaq index on Thursday after it fell more than 8% from the previous close. Trading was suspended for approximately 20 minutes to prevent panic selling, following a similar sharp decline in the KOSPI. The halt reflects broad-based selling pressure rather than sector-specific issues, with traders citing rising U.S. interest rates, geopolitical tensions, and weak export data as potential catalysts.